Global demand for mobile devices is expected to reach 1.3 billion units in 2008 despite financial uncertainties, according to ABI Research
As the recent launch of the 3G iPhone demonstrated, the public appetite for the latest, most sophisticated smartphones is strong.
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Strong demand for digital STBs led to record shipments totalling 143 million units in 2007, according to market analysts In-Stat.
The results ensure that the digital STB market remains one of the fastest growing segments of the consumer electronics industry.
UK set-top box specialist Pace saw box shipments rise 55 per cent in the first half of this year with HDTV-enabled receivers with built-in hard drives fuelling the growth.
Pace is now working with 17 of the world’s top 25 pay-TV operators, and reported a CAGR of its HD-PVR shipments up 49%.
Demand for Full HD TVs is helping to offset the declining market value for UK consumer electronics products, according to a report from market research specialists GfK.
The total market for electrical goods fell in value for the first time for years in May, with A/V turnover down 7 per cent compared to the same period last year.
Verizon Wireless has exceeded analysts’s predictions and posted impressive second quarter earnings of US$1.88 billion.
A key factor in the results was increased smartphone sales, which now account for 30 per cent of the US carrier’s device sales.
Denny Strigl, Verizon’s president and COO, even went as far as to give the build up of interest for the 3G iPhone’s launch earlier this month some of the credit for his company’s results.
A fortnight after the iPhone 3G was launched many Apple retail stores have no handsets in stock and lengthy queues form outside those that do.
Now AT&T has provided frustrated buyers with further evidence that Apple’s latest handset is popular – the carrier has sold twice as many Apple iPhone 3G units upon launch as they did a year ago with the first generation iPhone.
A lack of knowledge among US retail salespersons regarding recent improvements in plasma technology is blamed for the high proportion of recommendations given for LCD sets.
More than three times out of four, sales staff steer customers to a liquid-crystal display set rather than a plasma screen, according to a study by JD Power and Associates.
Based on the results of a mystery-shopper survey it carried out, analysts suggest that shop assistants don’t really know much about the differences between LCD and plasma.
Hotels upgrading old CRT-TVs in guest rooms to flat-panel HDTV sets will cause global hotel TV sales to reach 9.7 million by 2012, according to research.
A report by analysts iSuppli says that worldwide macroeconomic fundamentals suggest that the hotel market will continue growing for the next few years despite the economic woes affecting many western nations.
It said that a greater appetite for luxury accommodation was leading to rising occupancy and increased travel rates among both business people and consumers.
The world’s fifth-placed handset maker is to shed 2,000 jobs as the company reports a Q2 operating loss of US$3.17 million.
Sony Ericsson a drop in net income from US$347.6million a year ago to US$9.48 million, while sales slumped 9.4 per cent to US$4.4 billion.
The joint venture between Sony and Ericsson AB also forecast further bad news in the third quarter.
Some impressive mobile phone product launches between now and the year-end will help the world’s mobile handset markets finish 2008 with strong sales, according to ABI Research.
Spurred on by the launch of Apple’s second-generation iPhone, rival handset vendors such as RIM, Nokia and Samsung are also expected to debut new models in the second half of 2008.